Once the current utility from free tipping disappears with the final airdrop, is there a genuine long term bull case for $DEGEN?

What will prevent it from decaying into irrelevance like the thousands of meme coins before it?

Looking for serious replies, not $DEGEN to $1 memes.

PhD in aviation ∩ climate science | Aviator, diver, ETH maxi, nexialist | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

Honestly I feel as if it will go into lp providers/ some form of staking/its became a social concept now and is beginning to prove itself and as always if the people believe and hold then of course price go up but personally I feel as if some big things coming. And it's beyond a meme it is this network and community.

It highly could be, because this space moves so quick before the next new thing , personally I have under 10k degen about $13 to be technical 😂 we just don't know what the next "utility" will be if there is one

Interesting. Could the social concept be overblown? My earlier analysis showed that 2% of the retail wallets own 80% of the supply, and half of hodlers own less than $22 worth of $DEGEN.

So it’s more of a whales game than a grassroot thing IMO, especially once the free tipping ends and, with it, the social utility